Greatland Resources Limited (AIM:GGP, ASX:GGP) announced today the execution of a $500 million corporate debt facility and board approval for the final investment decision on its Havieron gold-copper project.
The facility was signed with a syndicate of ANZ, ING, HSBC, NAB and Westpac, finalizing a binding commitment letter from December 2025.
The facility includes three tranches: a $250 million five-year revolving credit facility, a $225 million seven-year revolving credit facility, and a $25 million contingent instrument facility.
The board approved the final investment decision for Havieron after receiving state and federal environmental approvals. Major development will start once secondary approvals are granted.
Greatland reported a net cash position over $1.2 billion as of March 31, 2026, and available liquidity over $1.7 billion subject to the second facility closing.
Managing Director Shaun Day said the debt facility and investment decision "provides the opportunity to deliver one of Australia's premier gold-copper projects."
